August 5, 2022 Europe’s top copper producer looks to cut gas usage in Germany The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply.
August 5, 2022 Copper price rises on US jobs data US employers added hundreds of thousands more jobs than expected last month, suggesting the economy may not be in a recession.
August 5, 2022 Aurubis retains annual outlook as quarterly profit surges 24% The German industry faces an uncertain winter as Russia is cutting its massive gas deliveries to Germany.
August 5, 2022 Turquoise Hill flags $200 million cost increase at Oyu Tolgoi The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September.
August 5, 2022 EV sales expected to surpass 2021’s figures despite supply chain disruptions – report IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million.
August 5, 2022 Anglo American to appeal El Soldado project rejection Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined.
August 4, 2022 Copper price rebounds as weaker dollar spurs short-covering Copper has lost nearly 30% since hitting a record high of $10,910 a tonne in March.
August 4, 2022 Copper worth nearly half a billion dollars goes missing in China A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing.
August 4, 2022 New ways to deal with arsenic in Chile’s copper mines Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines.
August 4, 2022 Glencore profit more than doubles thanks to soaring coal price The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
